Summary

This innovative, easy-to-understand best-seller offers complete coverage of, and an integrated approach to, the entire audit processtaking readers step-by-step through each audit cycle, then showing how each step relates to the process as a whole. A six-part organization covers: the auditing profession, the audit process, application of the audit process to the sales and collection cycle, application of the auditing process to other cycles, completing the audit, and other assurance and non-assurance services. For individuals interested in an exciting and new auditing education.

III. APPLICATION OF THE AUDIT PROCESS TO THE SALES AND COLLECTION CYCLE.

13. Audit of the Sales and Collection Cycle: Tests of Controls and Substantive Tests of Transactions. 14. Audit Sampling for Tests of Controls and Substantive Tests of Transactions. 15. Completing the Tests in the Sales and Collection Cycle: Accounts Receivable. 16. Audit Sampling for Tests of Details of Balances.

IV. APPLICATION OF THE AUDITING PROCESS TO OTHER CYCLES.

17. Audit of the Payroll and Personnel Cycle. 18. Audit of the Acquisition and Payment Cycle: Tests of Controls, Substantive Tests of Transactions, and Accounts Payable. 19. Completing the Tests in the Acquisition and Payment Cycle. 20. Audit of the Inventory and Warehousing Cycle. 21. Audit of the Capital Acquisition and Repayment Cycle. 22. Audit of Cash Balances.